Polygon $POL — this is a technology that works on top of Ethereum and addresses one of the main problems of this blockchain — slow and expensive transactions. It allows operations to be processed faster and cheaper while maintaining the security and decentralization of Ethereum. Because of this, Polygon is becoming a convenient platform for various applications, including payments, decentralized finance (DeFi), and asset tokenization.
$POL — this is the main token of the Polygon network. It performs several important functions:
- Payment of transaction fees (gas) within the network.
- Participation in staking — a process where users 'freeze' their tokens to support the network's security and receive rewards for it.
- Governance voting, allowing the community to influence the project's development.
In September 2024, Polygon began the transition from the MATIC token to $POL . This migration is part of Polygon 2.0's strategy aimed at improving scalability and resilience of the network. As of August 2025, the migration process is approximately 97.83% complete.
Token updates and network development allow Polygon to remain one of the leading solutions for scaling Ethereum. This attracts the attention of major institutional investors and banks, such as AMINA Bank, which offer POL staking services for their clients. This contributes to the growth of the ecosystem and expansion of real applications.
technology.
